For Sale

Ravenscourt Street Centenary Heights QLD 4350

Offers over $929,000

4
2
2
159 m²
600 m²

House

15 days on the market

Secure Government-Backed Investment | High-Growth Suburb

The Ultimate "Set & Forget" Asset in Centenary Heights Discover a rare opportunity to secure a high-performance investment in one of Toowoomba's most sought-after suburbs. Currently leased to Defence Housing Australia (DHA), this modern family home offers a "gold-standard" lease agreement, providing unparalleled security and a truly hands-off management experience. The Investment Advantage: • Guaranteed Income: Rent is paid 52 weeks a year, regardless of whether the property is occupied. • Zero Vacancy Risk: No re-letting fees, no advertising costs, and no loss of income between tenancies. • Maintenance & Restoration: Benefit from DHA's essential maintenance service. At the end of the lease term, the property is returned to the owner professionally cleaned, ensuring the asset remains in top condition. • Annual Rent Reviews: Independent annual valuations ensure your return remains aligned with the current market. • "While the current rent is $650 per week, the unique 52-week-a-year guarantee provides an effective rental value comparable to a $700/week private lease, where vacancy and management fees often erode the bottom line." The Residence: Located in a quiet, family-friendly street, this well-maintained home is designed for comfort and practicality: • Spacious Living: A functional, light-filled kitchen with gas cooking and generous storage overlooks a large open-plan family and dining area. • Dual Living Zones: A second separate lounge/lounge area provides the flexibility that modern families and future tenants crave. • Four Large Bedrooms: Including a master suite with a walk-in robe and ensuite, with a central main bathroom and separate toilet servicing the home. • Outdoor Lifestyle: A covered patio area overlooks a secure, low-maintenance yard with established greenery-perfect for year-round entertaining. Strategic Location: Situated in the heart of Centenary Heights, this property is perfectly positioned to benefit from long-term capital growth. The home is just moments away from: • Top-tier local schools and childcare. • Major shopping centres and medical facilities. • Expansive parklands and public transport links. Key Features: • Double lock-up garage with internal access. • Full air-conditioning and ceiling fans for year-round comfort. • Practical, hard-wearing finishes throughout. This property offers a secure, long-term investment backed by a DHA lease. Enjoy the peace of mind that comes with guaranteed rent, vacancy management, and property care. Learn more about the unique benefits of DHA investing here: dha.gov.au/investing/benefits-of-investing Inspection Information: In accordance with DHA security guidelines, the property address is withheld, and inspections are available strictly by private appointment. So, call Scott today to arrange an inspection. Note: 72 hours' notice required for tenants. Land rates $1,733.69 & water connection fee of $377.42 (both net & payable every 6mths) Current 3-year lease expires 20/06/26 & new 3-year lease commences 21/06/26

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